Course Details

Stochastic Foundations
OPNS-516-0
1.0 CR
PASS / NO CREDIT
No
DESCRIPTION
The first part of the course covers basic concepts in probability; the second part renewal and regenerative processes including Markov chains; and the last part Martingales and Brownian motion. Throughout, theoretic results are applied to the analysis of queues. Students are expected to have some background in probability (e.g., IEMS 202-0) and stochastic processes; no measure theory background is required.
PREREQUISITES
None
CONCURRENT
None